Tectum, the fastest layer-1 blockchain, has received the Best Blockchain Innovation award at the Leaders in Fintech Awards 2024. This blockchain outfit is a subsidiary of Crispmind, an intellectual property and technology company.

This award recognizes Tectum as one of the most innovative blockchain services in the MENA region. The company joins the likes of Paymob, Tamam, Hyperpay, and other prestigious fintech companies to receive recognition from this awarding body previously.

Details of the Leaders in Fintech Awards 2024

The Leaders in Fintech Awards 2024 comprises 38 different categories. Each of these subcategories recognizes the impact of individuals and companies on the financial technology industry. The awarding body incorporates every service provider within the MENA region to ensure comprehensive recognition.

In addition, everyone in the Fintech sector is welcome to vote, as there are no limits or restrictions on who can have a say. Voters have from the day nominations open till the 3rd of September. Any submissions after September 3rd will be voided.

Following the conclusion of nominations and voting, this year’s ceremony will take place on the 11th of September. The venue for this year’s edition is the Habtoor Palace in Dubai, the United Arab Emirates.

Tectum – Winner of the Best Blockchain Innovation Award

Tectum, the winner of the Best Blockchain Innovation Award at the Leaders In FinTech Awards 2024 is popular for having the fastest network with the highest number of transactions per second. With a blockchain TPS of over 3.5 million, it is the fastest blockchain in a clinical setting.

Furthermore, Tectum has more to its ecosystem beyond its blockchain network. The most popular is SoftNote – a fintech solution that scales Bitcoin transactions. SoftNote Wallet is a user-friendly wallet that enables individual crypto users and merchants to manage their digital assets in one place.

Furthermore, the blockchain company also created SoftNote Bills – a crypto cash system that enables people to send and spend cryptocurrencies like Bitcoin and Ethereum for a $1 gas fee. This technology is designed to enable people use crypto without having blockchain wallets.

In addition, the firm also has SoftNote Pay. SoftNote Pay is a crypto credit card that fosters direct crypto payments without conversation.

About Tectum

Tectum stands as the world’s fastest layer-1 blockchain, boasting an impressive speed of 3.5 million transactions per second. It leverages a proof of utility consensus mechanism, guaranteeing seamless transaction processing via trusted nodes. Unlike many web3 networks, Tectum employs layered transaction processing, eliminating traffic congestion and delays, all while preserving transaction privacy through zero-knowledge proofs.

Key Products:

  • SoftNote Wallet: Crafted with a user-friendly interface, SoftNoteWallet empowers individuals to effortlessly manage their digital assets.

  • SoftNote Bills: Facilitating frictionless transactions and driving scalability, SoftNote Bills revive Bitcoin’s utility.

  • X-Factor Authenticator: Offering top-tier security, X-Factor Authenticator is a quantum-proof three-factor authentication protocol.

Developed by Crispmind, a seasoned intellectual property and software development firm, Tectum embodies a commitment to crafting straightforward solutions for complex challenges. With a diverse portfolio spanning secure messaging, user authentication, blockchain, distributed ledgers, and cryptocurrency, Crispmind caters to both private companies and governmental institutions.

Through innovation and simplicity, Crispmind empowers individuals and enterprises to thrive in the digital age.

Social Links:

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

This press release was originally published on this site

You May Also Like

DeMi Platform Announces a Strategic Partnership with BitCluster

Addis Ababa, Ethiopia, March 26th, 2024, Chainwire DeMi, an innovative tokenized mining…
Roole Locates Stolen Vehicles Globally via Nodle Network’s On-Chain Services

Roole Locates Stolen Vehicles Globally via Nodle Network’s On-Chain Services

San Francisco, United States / California, 20th September, 2022, Chainwire   If…

A New Horizon in Web3 Communication: Introducing Dmail

On January 24th, OKX Jumpstart made a significant splash in the Web3…

Meta Ruffy: To Be Listed On PancakeSwap On 6th February at 20:00 UTC

The Meta Ruffy team is excited to announce the listing of its…

WB-Mining’s WBM Token launched above all expectations

The world’s first crypto project that sells real gold in exchange for…

Shytoshi Kusama’s $100 Billion Vision for SHIB, Creates Shockwaves For 500x Competitor Option2Trade

Shiba Inu (SHIB), led by Shytoshi Kusama, is aiming for a $100…

Deta Finance (DATA) Announces Presale: The Next Big Contender, Challenging Uniswap’s Dominance

Deta Finance (DETA) is excited to unveil its highly anticipated presale. With…

BCH miners use AI cloud mining to quickly become a new source of income for Dogecoin enthusiasts

Cryptocurrency mining has always been an easy way to earn passive income,…

Empowering Miners: The Launch of Bitaxe Supra Brings Cutting-Edge, Community-Driven Bitcoin Mining to the Forefront

In an era where the democratization of technology becomes increasingly crucial to…

BSTR Miner launches AI dynamic risk control system to solve the problem of BTC income fluctuation

BSTR Miner, a world-renowned cloud computing service provider, announced today that it…